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PBIT

Active
Private limited companyfounded 201610 yrs activeStevoortse kiezel 290, 3512 Hasselt, BelgiumKBO/BCE: BE 0648.869.325
Summary

PBIT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46,814 and a net result of -€4,822. Its solvency ranks better than 30% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability14▼-24
Solvency65=
Growth32
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.63 in 2023; short-term debt: 59.6% and cash: 88.9% of total assets), but 59.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
40.4%
Return on assets
-4.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PBIT was incorporated on 8 February 2016.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€46,814▼ 9.3%
2023 · €51,636
Total assets
€115,747▼ 11.1%
2023 · €130,229
Net result
-€4,822
2023 · €3,338
Working capital
€40,560▼ 17.8%
2023 · €49,313
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€7,254--€4,754
Net result€3,338--€4,822
Equity€51,636-€46,814▼ 9.3%
Total assets€130,229-€115,747▼ 11.1%
Debt€78,593-€68,933▼ 12.3%
Working capital€49,313-€40,560▼ 17.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000Operating result 2023: €7,254€7,254Net result 2023: €3,338€3,338Operating result 2024: -€4,754-€4,754Net result 2024: -€4,822-€4,82220232024-€5,000€0€5,000Operating result 2023: €7,254€7,250Net result 2023: €3,338€3,340Operating result 2024: -€4,754-€4,750Net result 2024: -€4,822-€4,82020232024
The operating result turns negative in 2024: a loss of €4,754 after €7,254 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €115,747
Fixed assets €6,255 ▲ 169%
Current assets €109,493 ▼ 14.4%
Equity and liabilities €115,747
Equity €46,814 ▼ 9.3%
Debt €68,933 ▼ 12.3%
Debt's share of the balance-sheet total falls from 60.3% to 59.6%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€3,411▼
2023 · €7,565
Cash flow
-€3,478▼
2023 · €3,649
Current ratio
1.59▼
2023 · 1.63
Debt to equity
1.47▼
2023 · 1.52
ROE
-10.3%▼
2023 · 6.5%
ROA
-4.2%▼
2023 · 2.6%
Interest coverage
-50.80▼
2023 · 1.93
Debt ≤ 1 year
€68,933▼
2023 · €78,593
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,916 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,916 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€130,229€115,747▼
Fixed assets21/28€2,323€6,255▲
Tangible fixed assets22/27€2,323€6,255▲
Land and buildings22€2,323€2,011▼
Plant, machinery and equipment23-€4,243
Current assets29/58€127,906€109,493▼
Amounts receivable within one year40/41€10,632€6,622▼
Trade receivables40€7,463€443▼
Other amounts receivable41€3,169€6,179▲
Cash at bank and in hand54/58€117,275€102,871▼
Equity and liabilities
Total equity and liabilities10/49€130,229€115,747▼
Equity10/15€51,636€46,814▼
Contributions10/11€1,000€1,000=
Outside capital11€1,000€1,000=
Other1109/19€1,000€1,000=
Reserves13€59,988€59,988=
Non-distributable reserves130/1€100-
Reserves not available under the articles1311€100-
Distributable reserves133€59,888€59,988▲
Profit (loss) carried forward14-€9,352-€14,173▼
Amounts payable17/49€78,593€68,933▼
Amounts payable within one year42/48€78,593€68,933▼
Trade debts44€3,732€387▼
Suppliers440/4€3,732€387▼
Taxes, remuneration and social security45€1,158-
Taxes450/3€1,158-
Other amounts payable47/48€73,703€68,546▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€311€1,343▲
Other operating charges640/8€802€451▼
Gross operating margin9900€8,367-€2,960▼
Operating profit (loss)9901€7,254-€4,754▼
Financial charges65/66B€3,916€67▼
Recurring financial charges65€3,916€67▼
Profit (loss) for the period before taxes9903€3,338-€4,822▼
Profit (loss) for the period9904€3,338-€4,822▼
Profit (loss) for the period to be appropriated9905€3,338-€4,822▼
Appropriation of the result
Profit (loss) to be appropriated9906-€9,352-€14,173▼
Profit (loss) brought forward from the previous period14P-€12,689-€9,352▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€311€1,343▲ 331%
Other operating charges640/8€802€451▼ 43.7%
Gross operating margin9900€8,367-€2,960▼ 135%
Operating profit (loss)9901€7,254-€4,754▼ 166%
Financial charges65/66B€3,916€67▼ 98.3%
Recurring financial charges65€3,916€67▼ 98.3%
Profit (loss) for the period before taxes9903€3,338-€4,822▼ 244%
Profit (loss) for the period9904€3,338-€4,822▼ 244%
Profit (loss) for the period to be appropriated9905€3,338-€4,822▼ 244%
Line20232024Change
Assets
Total assets20/58€130,229€115,747▼ 11.1%
Fixed assets21/28€2,323€6,255▲ 169%
Tangible fixed assets22/27€2,323€6,255▲ 169%
Land and buildings22€2,323€2,011▼ 13.4%
Plant, machinery and equipment23-€4,243-
Current assets29/58€127,906€109,493▼ 14.4%
Amounts receivable within one year40/41€10,632€6,622▼ 37.7%
Trade receivables40€7,463€443▼ 94.1%
Other amounts receivable41€3,169€6,179▲ 95.0%
Cash at bank and in hand54/58€117,275€102,871▼ 12.3%
Equity and liabilities
Total equity and liabilities10/49€130,229€115,747▼ 11.1%
Equity10/15€51,636€46,814▼ 9.3%
Contributions10/11€1,000€1,000=
Outside capital11€1,000€1,000=
Other1109/19€1,000€1,000=
Reserves13€59,988€59,988=
Non-distributable reserves130/1€100--
Reserves not available under the articles1311€100--
Distributable reserves133€59,888€59,988▲ 0.2%
Profit (loss) carried forward14-€9,352-€14,173▼ 51.6%
Amounts payable17/49€78,593€68,933▼ 12.3%
Amounts payable within one year42/48€78,593€68,933▼ 12.3%
Trade debts44€3,732€387▼ 89.6%
Suppliers440/4€3,732€387▼ 89.6%
Taxes, remuneration and social security45€1,158--
Taxes450/3€1,158--
Other amounts payable47/48€73,703€68,546▼ 7.0%
Line20232024Change
Profit (loss) for the period9904€3,338-€4,822▼ 244%
+ Depreciation and write-downs630€311€1,343▲ 331%
Operating cash flow (approximation)€3,649-€3,478▼ 195%
Investment in fixed assets (approximation)--€5,275-
Change in cash--€14,404-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
1,705 m²
Building footprint
287 m²
Volume, LiDAR
1,069 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PBIT
Winningenstraat 12, 3730 Bilzen-HoeseltWholesale trade
since 20162.250.766.719
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73032I0342/00L000 Flanders 939 m² 1 · 175 m² 9.9 m · 2 fl.
71055B0451/00B012 Flanders 766 m² 1 · 113 m² 4.2 m
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 6,781 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0648869325
Also 9925:BE0648869325
Registered 19-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.